Jay Reardon joins Chaddock in board, consulting roles
March 6, 2014,
Reardon, a 32-year veteran of Hickory Chair who was president from 1996 until his departure from the company in November, is a principal of Reardon Advisors, a consulting firm he formed in December.
Hickory Chair and other Furniture Brands assets including furniture manufacturers Thomasville, Lane, Henredon, Broyhill and others were purchased by Heritage Home parent KPS Capital Partners in bankruptcy court last fall.
Reardon is the latest of several former Furniture Brands executive to have found new jobs in the industry. Dan Masters, a former Lane president, is now president and CEO of Stein World. Dan Bradley, the former president of the company that oversaw the FBI designer brands unit that included Drexel Heritage, Henredon, Maitland-Smith, Hickory Chair, Lane Venture and Pearson, is now senior vice president of the Ethan Allen furniture group.
Chaddock said it also has invited Reardon to work with the company as a consultant “at large” to help implement its growth and development plan.
“Jay’s work at Hickory Chair in reinvigorating the product assortment, pioneering the concept of branded designer collections, and spearheading a movement toward lean manufacturing and American-made craftsmanship, falls right in line with our mission at Chaddock,” said Tom Powell, president and CEO of Chaddock.
Reardon said he and Chaddock have a shared vision.
“I saw that I could make a difference here and that my experience would be valuable,” he said. “I so admired Chaddock’s mission: They invest in technology and in people. Everyone is in it for the long haul. I see in Chaddock what I had felt from the beginning of my career in this business; this is a both a personable and a profitable industry — business continues to grow and people matter.”
He added that he believes “American-made, artisanal furnishings have a lucrative future. And, we have a shared interest in making great things for the home that people can customize for their personal style and needs. That is something from which I’m not yet ready to walk away.”